ReNu Energy Limited (ASX: RNE) is a clean energy products and services company, delivering independent power solutions through the development of build, own, operate and maintain (BOOM) renewable energy projects in Australia.
Headquartered in Brisbane, Queensland, ReNu Energy’s team has strong experience and capability in the renewable energy, utility and infrastructure sectors. The Company seeks to own projects utilising proven technologies such as solar PV that will reduce electricity costs and carbon emissions for customers.
Our solar PV and embedded network projects operate behind the meter, providing electricity directly to customers in the commercial, industrial and agricultural sectors. We currently have one behind the meter biogas to energy project in operation and are developing a second project.
Under the BOOM model, ReNu Energy secures stable revenue streams under long-dated contracts and customers are able to access the benefits of renewable energy with no upfront cost.
ReNu Energy listed as Geodynamics Limited on the Australian Securities Exchange (ASX) in September 2002. In October 2016 the Company announced it would rebrand to ReNu Energy, and the new name was approved by shareholders at the AGM on 25 November 2016.
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